Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 364. (Read 1369778 times)

I can understand you don't like the idea of sending coins to CoinKite, but you yourself have asked this community to send you BTC to create an advertising campaign for Mintcoin, can you explain the difference to me and the others?

As you well know, there is a cost associated with developing anything viable, and the money to pay those costs has to come from somewhere. Just look at the world of big business, Apple, IBM, Microsoft all big business asks the people wanting to invest into their business plan through stock offerings. Yes, if you buy stock in any of these businesses, you reap dividends from profits of the company, Mintcoins dividends will come from the increase in value of a Mintcoin by having a system in place that will greatly increase the viability of accepting Mintcoin at any retail outlet.

CoinKite just wants reassurances from a coins community that they are truly behind their coin and are going to actually use their service should it be implemented. No company would spend the time nor money to create something knowing that there was no desire for the service or good created.

Sorta thinking outside the box right now, but is there a business infrastructure, a simple one that can bypass Coinkite?

Can an Android app be made that a retailer or merchant at the point of sale can use to enter the price of a latte into the smart device, then it will query Vault of Satoshi's exchange for the exchange rate, then list a price in MINT with a QR code?

Sorta, like a quick combined app. There will be a retailer version for retailers to sell things. There will also be a buyer or consumer's version of the app where it will replicate whatever Coinkite does with their transactions and the PIN for security?

it does seam a bit sketchy to me, but in saying that if this site is for real then this would be a smart investment from the mintcoin community, this would increase value of mint in no time plus spread the word that mintcoin is going strong and progressing every day, i will help out and send what i can but i cant afford much im not even in the top 500 so we need some more help from those guys.

Coinkite created a way to link retail customers with Bitcoin. They are but one of the first of what is sure to be a quickly evolving market.

Coinkite will make money by charging fees to retailers per transaction, and/or leasing of equipment, extra/premium services etc. (It will be up to the retailer if they want to "charge back" those fees to the customer by raising their prices or requiring a "Point of sale" fee, or basically, an ATM/Credit card type fee, but the BTC fees SHOULD be much lower than VISA fees, for example.)

So, Coinkite will get rich from linking consumers and sellers. That is where they make money. Just like a bank/credit card company, but without that pesky interest problem.

So should Coinkite charge alt-currency users to get their currency adopted? Of course not. That is ludicrous. it is like VISA telling China it's citizens all have to give it a few bucks or they don't get to use VISA. They are sketchy as hell for even trying it, and are sure to continue screwing customers in the future with retarded fees and such, just like every other company who is trying to make money off of Bitcoin. This is all about making money, not being super duper nice to each other all the time.

I, for one, don't care enough about the shady-ness to suggest shrugging off Coinkite. I likely won't be USING Coinkite, I just want to see MINTCOIN being used by teenagers at the local gas station to buy candy bars and nudie mags. Combine this with phone wallets, and you get adoption. Adoption equals value.

Again, giving them your money is like bidding on a promising gold claim, except you don't get to keep your money if you lose. That is why I would not give away more than a small bit of my coin stash in hopes that they see some donations, take a good look at the coin, and begin to see the coin as a valuable commodity to be traded with, thus making them lots of money in the mid to long term. They know that they can't make any money without accepting coins, so this is a real possibility.

Don't give them a bunch of your coins. Give them a few (if you are gong to give them any at all) to show you "voted". That is what counts; the support and community numbers. If they can't see that, you KNOW the competition eventually will.

I don't like the idea of having to send money to those guys. However, I think the advantage to MINT exceeds the price we have to pay to get in with Coinkite. MINT will definitely benefit from having Coinkite and this other PoS (Point of Sale). This is what will make MINT a viable currency and will cause a surge in price and value like no tomorrow.

Thank you for stepping up and helping to make this happen, it's people like you and the others that have donated that really make me proud of this community and this coin.

I have been as respectful as possible in my quest to promote Mintcoin to as many people, businesses and services since finding Mintcoin on day two of its existence. I have spent countless hours typing emails, explaining the way Mintcoin works to new users and also explaining to retailers and such the benefits of accepting not only Mintcoin but any crypto currency as an alternative payment method.

I am now going to apologize to the Mintcoin community beforehand, as this is something I would not do without probable cause....

You, Mr. dogechode, are one sorry piece of work. It is people like you that ARE NOT A TEAM OR COMMUNITY PERSON....Fine, you don't like the idea of how REAL business works in the REAL world....great, then DO NOT PARTAKE in the real world business. Head back to your Dogecoin community, we here at Mintcoin are going to move forward just fine without people like you constantly trying to pull us down.

It makes me sick to constantly see posts such as what you posted....no respect whatsoever...on a daily basis...this is what's wrong with the crypto world...people like you coming along and showing new people nothing but FUD. If you don't want to donate....fine...

Try some common courtesy when posting, others will then respect what you have to say....calling someone Dude, is a childish way of starting a post if you want the person to actually listen to what you have to say, and seeing as you have not gained my respect, I don't care if i ever earn yours.

I sent 26000 Mint.

I think it would be cool to have a Mintcoin debit card. If bought in bulk the cards can be rebranded. I could even give some as reusable giftcards during the holidays to friends and family unfamiliar with cryptos.

Dude what they are offering doesn't change the fact that it's a sleazy ass bribe and the fact they are trying to say 25% will go to charity makes it painfully obvious that they are doing something shady and basically trying to put lipstick on a pig. No thanks I am not taking part in this, crypto has a bad enough reputation already.

Can you think of an alternative service of comparable significance, which is available by other means? Coinkite enables any retailer to accept BTC, LTC and soon BC as a payment method. Being the next coin alongside BTC and LTC on their service could be very, very beneficial to MINT if coinkite took off.

I do not have it backwards in any way shape or form. Yes CoinKite will make money through the services they provide to retailers...over many years...

I challenge you or any other doubters to go online, find a company that is in the business of developing software/hardware to implement any service for businesses. Ask them if they will spend the time and money to develop specific software and hardware, then test such to be sure it's workable....for FREE....in the hopes that in the future they can make some money off of it.

Even the post a page back about the Android wallet from roxio.io, have a look at their website, they charge a minimum $10,000.00 USD to develop a crypto coin exchange for anyone that's interested. These are not BRIBES, it is the Cost of doing Business....simple as that.

Beaver, you have it backwards lol. Coinkite is going to make all the money by processing payments. They are charging you so they can make double money it's absurd lol.

So, if you ran your own business and a company came to you and showed you that for X amount of dollars they would be able to get your customer base extended ALL ACROSS THE WORLD and provide you that service for a ONE TIME reasonable amount of money....you wouldn't take them up on the offer?

People, you have to get over the idea that these companies that have invested their own time and money into providing a service for us, the altcoin community and are looking to get back some of that investment by having us pay for new development costs, is a BRIBE.

Do you all really understand just what a BRIBE is? They are not posted publicly and are not given to charities, they are SECRET SHADY things that take place in dark alleys.

Yes this is a country club membership, because if we get accepted to the country club, we as a COMMUNITY get to reap the benefits of the country club.

It may be an asset to be added, but like other people here, I don't like the idea of bribery, quasi-coercion, and "tipping" (*wink*wink*), but the undertones of the method to get added are "shady", to say the least.

As dogechode stated, the crypto world has been soiled by recent events, and we really need some positive light to reverse any damage. This doesn't help.

Voting, I get - payed voting, and "payed admission", I do not like. This ain't a Country Club membership, and shouldn't be treated as such.

These people are a company that requires payment for the development of services they build. I suspect the Android wallet they just made cost anywhere from $5,000 to $7,500 USD. Check out their website, they charge for all their services. One thing to note though, is that Blackcoin is most likely got people wrking on an Android PoS wallet right now as well, and I suspect they also have bagholders with deep pockets willing to pay for it.

Once again thanks Beaverslayer for all the extra effort you put into helping the community and believing in Mintcoin!

Sorry, just one more thing.

Seeing as it is a holiday here in Canada, nobody at CoinKite has probably read my email yet. Imagine what their thoughts will be after reading it and then checking just how committed the Mintcoin community is by looking in the wallet that is posted? This will show them that we as a community are dedicated to our coin, and there's a real good chance they will extend the deadline, or even just tell us that as soon as we reach their goal, they will include us.

But regardless....please send some Mintcoins to the address.

Regarding the CoinKite issue and whether or not it is "Sketchy" or is a "Scam" or some weird way of doing business in the crypto world. If you don't already know, CoinKite is a Canadian registered business the same as Vault of Satoshi and therefore is REGULATED by the Canadian Government the same way that a bank in Canada is regulated.

CoinKite already has been providing there POS terminals to retailers all over the World for some time now and accepting Bitcoin and Litecoin as payment for goods and services. CoinKite DOES NOT NEED MINTCOIN, MINTCOIN NEEDS COINKITE.

The reasoning behind them asking coin communities to donate coins to them, has nothing, I Repeat Nothing, to do with bribing them, it has everything to do with the coins community proving to them that there is a viable, strong and dedicated community behind any coin they do decide to include in their service. The cost associated with writing the code and testing it so that it will work flawlessly on their system has to be paid for somehow, and they are asking for the coins help in doing this.

We as a community have already banded together and raised Mintcoin for the development of an Android wallet, and those Mintcoins will be payed out to the person or persons that does this, there is no difference from this, or donating to CoinKite.
The 25% or more that is not used for development is then given to a charity of their choice...WIN WIN situation here.

The argument I read about Visa asking their users to give them money to develop a credit card system is lame at best. In the early days, way back then, the people that created the idea of credit cards for consumers would have asked "Investors" to give them money to develop the framework and such for Visa to be brought to fruition. Yes, Visa would have most likely have given them future stock options or such, with CoinKite, Mintcoin as a community investor, would reap the GREAT benefits of this service as our future stock options.

Think of why the Blackcoin community or some of the bagholders donated the large sum of BC to get onto CoinKite. Do you actually think they did it just to help pump their coin? Of course they did not, they did it because they realize the importance of having such a service backing their coin.

The Mintcoin community has got to really start coming together and working together to get things like this a part of Mintcoin, just sitting around waiting and asking why the price hasn't gone up in over a month, is not the way to increase the value of Mintcoin, or any other coin for that matter. The developer of Mintcoin has shown he is dedicated to Mintcoin by getting Mintcoin accepted on over 20 exchanges and 30 retail goods/services providers. I myself did quite a bit of work on getting Mintcoin onto the Moolah platform. We cannot, as a community just sit back and wait for the next person to take charge, we have to work together, as a team, as a COMMUNITY.

Just go have a look at what Dogecoin has done through their community, they have done wonders, and EVERY ONE of the things they have done, has grown their community and raised their value. I can just imagine when their NASCAR car hits the track just how widespread Dogecoin will be. You do realize just how BIG NASCAR is in the USA....right? This is what a community does to help their cause along.

I have contacted them via email, as shown in the previously posted message, but it is Good Friday today and this is a holiday here in Canada, so I don't suspect I will hear back from then until Monday or Tuesday.

I'm not asking for you to send 10 Million Mintcoins to them, unless the need strikes you too, send what you can, help the community attain the things that will make OUR coin grow.

Mintcoin has been GIVING you new coins since going pure PoS, maybe it's time to give some of them back to Mintcoin.

Thank you for the time it took you all to read this post, it is appreciated.

Yes keep it up the good work!!!  We can do it!